“Big Idea Competition” down to 12 quarterfinalists

(EDITOR’S NOTE: The following news release was provided by the Knoxville Chamber.)

After sifting through dozens of applications, the Knoxville Chamber, The Development Corporation of Knox County, and Tech 20/20 are proud to present this year’s quarterfinalists in the What’s the Big Idea!? Business Plan Competition. The competition is sponsored by Rodefer Moss and Company.

“All of the applications were very impressive and we’re excited to move forward with these twelve quarterfinalists,” Todd Napier, executive vice president of The Development Corporation said. “Nurturing start-ups and small businesses is a big part of what we do and we’re proud to have Rodefer Moss, the Knoxville Chamber, and Tech 20/20 helping inspire entrepreneurs.”

Each quarterfinalist now advances to a series of courses led by community business leaders with a focus on developing an effective business plan that is ready to present to venture capitalists. Six semifinalists will be identified following judging of an executive summary and will then pitch their ideas to a panel of judges.

The final round of judging will take place on June 14 at the Square Room on Market Square from 5-7 p.m. The three finalists will pitch their ideas to a final set of judges and a live audience. The winner will also be announced at the event.

The winning entrepreneur will be eligible for more than $35,000 in capital and business services including: